Argentina Secures $840 Million CAF Loan for Gas Pipeline Construction
Argentina has secured a loan worth $840 million from the Development Bank of Latin America (CAF) to fund the construction of the "President Néstor Kirchner" gas pipeline.
Argentina has secured a loan worth $840 million from the Development Bank of Latin America (CAF) to fund the construction of the "President Néstor Kirchner" gas pipeline.
The Pipeline and Hazardous Materials Safety Administration (PHMSA) has ordered Canadian pipeline operator TC Energy to reduce the operating pressure on more than 1,000 additional miles of its Keystone pipeline.
After weeks of frenetic finger-pointing and accusations concerning who is truly to blame for the explosion and subsequent rupture of Nord Stream 1&2 gas pipelines, there is little to suggest that the new revelations are anything more than idle speculation.
A group of international shipping companies and their subsidiaries agreed last week to pay $96.5 million to Amplify Energy Corp. to dismiss one of the last remaining lawsuits over a massive oil spill off the Southern California coast that sent at least 596,000 liters of crude into the waters off Huntington Beach in October 2021.
Pakistan is looking for a workaround to avoid a problem with the U.S. and billions of dollars in fines for the delayed Iran-Pakistan gas pipeline project.
According to an article published by Press TV on March 4, sources privy to the matter revealed Pakistani lawmakers had demanded progress on the project, warning of penalties if it is not completed by the year-end.
In a major development likely sounding the death knell for the erstwhile pride of the extensive Russian pipeline network, Reuters has reported that Gazprom is set to seal up the damaged Nord Stream 1 & 2 pipelines to Europe as there are no plans to repair them.
The diplomatic fallout between Algeria and Morocco has bolstered energy collaborations between Rabat and Madrid following the shutdown of Algeria's largest gas pipeline with Spain, the Maghreb-Europe pipeline, in November of last year.
The European Investment Bank (EIB) has expressed willingness to finance a prospective hydrogen pipeline connecting Portugal to Spain and France if the project meets the eligibility criteria, EIB Vice-President Ricardo Mourinho Félix said during an interview with Lusa, adding that the bank
Iran is looking to build a massive water pipeline project to help boost water supplies to the country’s tourist region of Isfahan. According to Isfahan’s governor general, the 920-kilometer pipeline set to transport water from the Sea of Oman is already at its preliminary stages, the Financial Tribune news agency reported last Tuesday.
Nevada governor Joe Lombardo suspended the state of emergency announced last Friday to mitigate the impact of a fuel leak in California's South and Nevada after a fuel leak was detected on a pipeline that supplies Las Vegas.
Pakistan has shown a willingness to go on with the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project even without India as Afghanistan is willing to offer more support, the Minister of State for Petroleum and Natural Resources, Musadik Malik, said during his recent visit to Saudi Arabia, Business Recorder reported earlier this week.
Islamabad plans to shift the "starting point" of the long-delayed 'Pakistan Gas Stream Project' pipeline from Karachi to Gwadar, a decision that would help embark on the abandoned Gwadar Pipeline Project, connecting to Iran, the Tribune reported last week.
Iran could hand Pakistan a whopping $18 billion penalty if Islamabad fails to complete a portion of the Iran-Pakistan (IP) gas pipeline project on its territory by February-March 2024.
Equatorial Guinea's Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, this month provided an exclusive update on the Central African Pipeline System (CAPS) project's timeline and implementation progress during a meeting organised by the African Energy Chambers.
While predicting the end of a war is a dubious exercise, there are nonetheless rumblings in the United States and in Europe about a winding down of Putin's war of aggression in Ukraine and that closure may occur this year.